Press release
USB Cable Market Size & Share - Industry Trend and Forecast 2016 - 2024
The report "USB Cable Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024 ", has been prepared based on an in-depth market analysis with inputs from industry experts.The main objective of this report is to define, describe, and forecast the global “USB Cable” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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Universal Serial Bus (USB) cable are used for the purpose of connecting a USB device with a host device which may include wide range of computing devices, gaming consoles and others. There are several types of universal serial bus standards which include USB cables which are acquiescent with USB 1.1 specification and this would match with universal serial bus 2.0 technology and vice versa. The universal serial bus cable may have various kinds of plug end. The type of plug end would be referred to as a connector. The wide range of connector type include Standard A, Standard B, Micro A, Mini B, Micro AB and Micro B. These plugs are connected with corresponding receptacle to devices and hosts. The Standard A receptacles are known as the universal serial bus ports in computers. The Standard B type receptacles are use for large peripherals devices which may include scanner and printers. The micro and mini receptacles universal serial bus finds its application in small portable devices which includes cellular phones and digital cameras.
Innovation of super speed USB cables are expected to drive the global universal serial bus (USB) cable market over the next few years. This USB cable with latest technology will provide enhanced speed and performance like transferring files from 480 Mbps to 10 Gbps and above. Moreover, other factors like improved power efficiency, interoperability of power supply are expected to drive the global universal serial bus (USB) cable market over the next few years. Latest innovation and growth in wireless technology is key factor restraining the global universal serial bus (USB) cable market over the next few years. Internal substitutes like the Type C USB cable has replaced traditional used USB cables and thus latest devices are no longer compatible with the traditional used USB type, thus restraining the market further.
The global universal serial bus (USB) cable market has been segmented by type and application. The Universal Serial Bus (USB) cable market by type has been further segmented into lighting, USB C, Micro USB, USB 2.0 (male), USB 2.0 (female), USB 3.0 (Male), USB 3.0 (female), MICRO B, MINI B, 30 PIN and USB B. Further the global universal serial bus (USB) cable by application has been further segmented into portable smart computing devices, digital camera, USB charger, hardware (keyboard, mouse, printer, scanner, others). In terms of revenue in 2015 Micro USB cable accounted for the largest market share in the global universal serial bus (USB) cable market segmented by type. Micro USB cables are used in smart phones, tablets, hard drive and digital cameras. Thus with the rise in consumption of these consumers electronics the demand for USB cable is also expected to grow over the next few years. USB 2.0 (female) accounted for the send largest market share in 2015. In 2015, portable smart computing devices accounted for the largest market share in the USB cable market in terms of revenue.
Geographically the global universal serial bus (USB) market has been broadly segmented into Asia Pacific, Rest of World (RoW), North America and Europe. North America accounted for the largest market share in 2015 owing to wide adoption and market penetration of smart computing devices in the region. Asia Pacific is the most attractive region for the global universal serial bus (USB) market due to presence of large volume markets like China, India and Singapore. Europe followed North America in the global universal serial bus (USB) market in 2015.
The key players operating in the global universal serial bus (USB) market includes Tripp Lite, Nikon Corporation, Digilent Inc, Samsung Electronics Co., Xiling Inc., Future Technology Devices International Ltd., Belkin, Sony Corporation, Digtus, Hardwaresecrets, ION Audio, Bose Corporation and Panasonic Corporation among others.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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